Jesse Chinni

I’m happy to announce that Steve Karp and I created a free IOS & Android app specifically for doing Hold em & Omaha flips. We made sure to add a credit card roulette elimination mode, a units mode, peel river and more. Check it out & pass on the word if you like it. @flipforitapp

@Rainmaker1973 And still no laundry robots…

Four students from Purdue University in the USA have created a robot that can solve a cube in 0.103 seconds. A human blink takes 0.2-0.3 seconds, so this is literally being solved quicker than in the blink of an eye.

@GmanPoker Can’t wait! For the audio book… You better get this out on audio book if you expect to sell to poker players 😂

You may have seen the video…but that’s only a fraction of my story. 3.5 years ago, I basically disappeared from poker. Some thought J4 sent me into hiding. A fair assumption, but not quite. 😎 I’ve spent 10,000 hours grinding away at the most meaningful project of my life: my memoir, Beneath the Cards. It’s an unfiltered account of my insane high-stakes career: underground games, $3,000,000 mid-session swings, drunken binges, death threats, and going broke. Along the way, I share clear, accessible poker insights and dive into the mindset required to survive in my cutthroat arena. But the book goes beyond poker. I open up about perfectionism, depression, body dysmorphia, my disastrous appearance on Survivor, and what happens when winning stops being enough. At its core, my story is about identity, connection, and rebuilding after major setbacks. And yes, J4 (and the crew I believe cheated) is fully addressed. Every mistake I made. Every moment behind the scenes. It’s all in the book. If you think you know my story…you don’t. But you will. Preorder Beneath the Cards now! (Release date: September 1st.) Preorders drive bestseller lists and accelerate momentum—every single one counts. Get your copy + all details at the link in my bio. PS: Amazon preorders for most other countries will likely go live this week. E-book and audiobook preorders will be available in about 2–3 months. And yes, I will be reading the audiobook!

@audavidb @PokerGOTour Ausmus

You get a freeroll of one of these players in the next 10 @PokerGOTour high roller NL holdem events. Who you taking?

@tsarrast What sucks about this is people played on the site and supported it early on under the promise that this is how it would always work. Now all the pros and whoever else got their coins for free from signing a contract will probably be able to front run us and dump coins first

Phenom is implementing some changes. I want everyone to know that this was discussed quite a bit internally before the announcement. This post is not about the details of those changes. You can get that from Phenom’s Twitter account or elsewhere. This is about my experience and perspective as someone involved on the inside. When Matt, the CEO, called me to discuss it, he had a real problem to solve. The current treasury redemption model has people redeeming tokens every week, which pulls money out of the company that could otherwise be used to grow the site. He presented a few ideas. One was tying rewards to staking, with increased rakeback for those who stake. The other was moving from a treasury redemption model to a free market token price model. My gut reaction was mixed. I liked the staking and rewards changes. I didn’t like the token model change. It felt like we were going back on the idea that the Phenom token was a crypto token done right. And honestly, I’d guess many of you are having the same initial reaction I did. That reaction kicked off nearly a two hour call with Matt. Longer than I wanted, especially since I had an early flight the next morning. But this was something I felt I needed to fully understand. Over the course of that call, I changed my mind. And in the days that followed, the more I thought about it, and the more I talked with others involved in Phenom like Huck and Alec, it became clear to me that the most important change here was not the staking/rewards but was moving from a treasury exchange model to a free market token model. The company currently has a problem with variable, random token redemptions coming out of the 50 percent of rake allocated to the treasury. Matt even recently had to sell tokens below market value to raise treasury funds. I know because I bought some. That alone highlights the issue. But to me, the bigger problem is that the treasury redemption model is fundamentally illiquid. Many people have not been able to redeem as many tokens as they want week to week, because the only buyer is the treasury, and the treasury can only allocate a limited portion of weekly rake to redemptions. Anyone who thinks about basic free market economics for more than a minute can see that having a single buyer with capped funds is not an efficient or healthy system. While having a fixed token price tied to the last four weeks of rake sounds nice, I don’t think that benefit is worth draining the company of reliable weekly income while also creating severe illiquidity. In my view, this problem only gets worse over time and would eventually create reputational issues for Phenom. The only real solution is moving to a free market token model on an exchange. Importantly, how the token is bought or sold is not what gives it value. The Phenom token is not valuable because it can be redeemed from the treasury. It is valuable because supply is capped and staking allows participation in 50 percent of the rake the company collects. The token represents ownership in the revenue stream of the business. That has not changed. As long as the site operates, poker is played, and rake is collected, the token has value. And token holders should want treasury funds to be used to grow the site, so more rake is generated and distributed, rather than having the treasury act as the sole buyer of tokens. I do realize this change could cause volatility early on. It may unlock sellers. But it also unlocks buyers. Now anyone can buy Phenom tokens at any time. Who might want to do that? Crypto investors and traders who look for projects with real revenue and alignment. All wallets are visible on-chain. I plan on locking all my tokens. Matt is doing the same, as are all the other people involved with the project I’ve spoken to at this point. I’m excited about the longer lockups and the ability to earn even more revenue than before. Either the site succeeds or it doesn’t. That was always true. And that outcome has nothing to do with whether tokens are redeemed through a treasury or sold on the market. One of the prime reasons I got involved with Phenom in the first place is alignment. The site is aligned with the players. This change is not bad for players. Despite my initial knee jerk reaction that it was, I now believe it is necessary for the long term health of the project. The Phenom token is different because it is actually necessary. It is the mechanism for distributing rakeback. It is ownership in the revenue the company produces. Moving from a fixed-price sole-redeemer system to a free market system should improve liquidity and overall token health. There is a good chance that eventually the market prices the token higher than the current treasury formula, which is effectively about ten times annual revenue. Early stage growth companies often trade well above that. That is not why this change is happening though. It is happening because it solves real liquidity problems created by a system that was originally designed due to concerns about the token being a security. With those concerns gone, there is no reason to continue handicapping the growth of the site. There is also a decentralization issue. One of Phenom’s long term goals is for token ownership to come with increasing voting rights as the site matures. That requires broader token ownership. A system where the treasury is the primary buyer and tokens flow back to the company does not promote decentralization. A free market does. Wrap up: Change is uncomfortable, especially when it touches something people care about. My job here is not to sell anyone on short term price action. I don't know how that will look. It’s to be honest about what happened. I believe these changes give Phenom the best chance to succeed long term. After being deeply involved in these discussions, I believe this change strengthens the project, aligns incentives better, and gives Phenom a real shot at becoming what it set out to be.

@Strider1889 @MS2PZ This is the only correct answer!

@MS2PZ This account posts the dumbest shit

Who knows this?

@Dweisman13 @WSOP @tritonpoker Nice run! Goodluck in the next one!! Go get it

Very good start to the @WSOP Bahamas. 3rd place in the $78k plo @tritonpoker event for $809k. Was a very fun FT with some really cool dudes looking forward to the continued battles out here over the next few weeks

@Rainmaker1973 How did breakdancing make it into the Olympics before this?!

Did you know? In sidecar racing, the passenger helps the driver when it comes to drifting and it's nicknamed the "acrobat" or the "monkey". [📹 killian_prunier]

@Matthew_Waxman @JesseLonis Does that mean Jesse’s going to learn from this tweet??

@JesseLonis Chance, give Jesse his account back.

You don’t learn from the things you do right, you learn from your mistakes.

@dankness3 What u really need the answer to is should I drink a glass or 2 of wine or should I down 10 glasses of whiskey. Results vary so widely I honestly can’t tell which is better

🚨*Huge Anouncement Alert!!🚨* I’ve been working on this for years and I’m extremely excited to announce that ists finally ready to go! Please feel free to retweet for awareness and tag somebody you think this might be right for.

@getinthur Sick! Not the best runout to get paid but we will take it!

We just made our first ever Royal Flush and it was in the WSOP Main Event 🤣

@Rainmaker1973 @jamesStHilaire 👀

F1 pit stop in 2.10 seconds

@junglemandan Might not be +ev but has its moments of necessity if you ask me

Looking like I may have to remove "Go fuck yourself" from my vocabulary I really can't think of one time it's been +EV to say

@Matthew_Waxman @BenbaLamb Looool!! Yepp that was hilarious

@BenbaLamb Shot a 91 at Orangebrook, Hollywood with @Jessechinni... almost got in the 80s but triple-bogeyed 18.

What’s your favorite round of golf you’ve ever played ?

@dankness3 Looool he figures it out in real time. “Or do you make em both and game over” 🤔

I’ve said some stupid shit in the commentary booth but my god Can someone get me a job in the NBA?

@shipshipit @ZENofLEN Come on @ZENofLEN you’re better than this

@ZENofLEN lol that was taken out of context

Here’s your boy @shipshipit

@DeepSailCapital Probably bc the dollar is worth half of what it was 5 years ago

Is there anything left that you can say with high certainty is “cheap” right now? I can’t think of one thing equity or otherwise I view as cheap.

@NUCLRGOLF @APinv @ZENofLEN nice up and down from 191

Crazy, who would have ever seen this coming @ACR_POKER

@ShannonShorr Shocked John chopped after all the stories I’ve heard about him 😂 Respect

Was a lit Saturday. Bama rolled 🏈 and chopped Aria $10k event with a couple OG legends.

@ShannonShorr Let’s gooo!! Congrats Shannon, it’s been a long time comin

Captured my long-awaited first #WSOP bracelet this morning in the $2,000 6max NLHE event!🧑‍💻